Category: Legal News

National Bank of Ukraine Reduces Discount Rate to 13.5% The Board of the National Bank of Ukraine has decided to reduce the discount rate from 14.5% to 13.5% starting from 26 April 2024, the NBU press service reports. Thus, given the weakening of actual and…

Law on Mobilization Adopted: What Does It Provide for? On 11 April 2024, the Verkhovna Rada adopted Law No. 3633-IX on mobilization, which will enter into force on 18 May 2024. For more information about the new Law, please follow the link, where Vladyslav Kepko,…

Law on Liability for Violations in Lobbying Sphere Adopted: What Fines are Provided? On 21 March 2024, the Verkhovna Rada adopted the Law (Draft Law No. 10373) amending the Code of Ukraine on Administrative Offenses (CUAO) regarding liability for violations in the practice of lobbying.…

Law on Lobbying Comes into Force On 14 March 2024, Law No. 3606-IX “On Lobbying” came into force, which aims to legalize the practice of lobbying in Ukraine. Thus, the Law establishes specific rules and procedures for lobbyists and their clients, defines criteria for lobbying…

Law on Improvement of Corporate Governance Enters into Force On 8 March 2024, Law No. 3587-IX “On Amendments to Certain Legislative Acts of Ukraine on Improving Corporate Governance of Legal Entities in Which the State Is a Shareholder (Founder, Participant)” came into force. In addition…

EU Parliament Approves EUR 50 billion Financial Aid to Ukraine On 26 February 2024, the European Parliament voted to provide Ukraine with €50 billion in financial support. This was announced on the official website of the European Parliament. In particular, it concerns the creation of…